Investment Properties Under $200K in South Elgin, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in South Elgin, IL

Property at 565 Dean Dr APT I, South Elgin, IL
Fix & Flip
$ 199,900
ROI
34.4ROI percentage
Cash Flow/m
Dollar sign815
  • 2 Bed
  • 2 Bath
  • 1178 sft
565 Dean Dr APT I, South Elgin, IL, 60177
Property at 300 Stone St, South Elgin, IL
Fix & Flip
$ 197,300
ROI
40.8ROI percentage
Cash Flow/m
Dollar sign1154
  • 3 Bed
  • 1 Bath
  • 1546 sft
300 Stone St, South Elgin, IL, 60177
Property at 117 Arthur Ave, South Elgin, IL
Fix & Flip
$ 175,000
ROI
55.8ROI percentage
Cash Flow/m
Dollar sign1757
  • 3 Bed
  • 2 Bath
  • 1255 sft
117 Arthur Ave, South Elgin, IL, 60177
Property at (Undisclosed Address), South Elgin, IL
$ 184,000
ROI
21.7ROI percentage
Cash Flow/m
Dollar sign105
  • 2 Bed
  • 1 Bath
  • 1110 sft
(Undisclosed Address), South Elgin, IL, 60177

Why Invest in South Elgin, Illinois?

South Elgin presents a compelling opportunity for real estate investors looking for properties under $200k. With an average rental yield of 6% and a cap rate of around 8%, the local market is favorable for cash flow. Home appreciation trends show consistent growth, making this a smart investment choice.

12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

In South Elgin, you can find a variety of properties under $200k, including single-family homes and smaller multifamily units. These options provide good potential for rental income.

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